According to a new ARC Advisory Group study, “Offshore Product Design Services Worldwide Outlook”, the market was $1.2 billion in 2006 and is forecasted to be over $4.1 billion in 2011.
According to ARC Advisory Group Service Director Steve Banker, Ph.D., “When you have forecasted growth of over 25% for a market that is already larger than a billion dollars, you are looking at an extraordinary market. One explanation for this is the power of the Global Service Delivery business model.”
